— The athletic footwear and apparel retailer reported adjusted quarterly profit of $1.53 per share, missing estimates by 7 cents a share. Revenue also came in below forecasts, and a comparable-store sales increase of 4.6% was below the 5.1% estimate of analysts surveyed by Refinitiv.— Hibbett Sports earned an adjusted $1.61 per share for the first quarter, 29 cents a share above estimates.
Piper said that this move — which would be a more than 60 percent jump from current levels — is based on Amazon meeting what it considers conservative growth targets.— HP Inc. reported adjusted quarterly earnings of 53 cents per share, beating consensus estimates by 2 cents a share. The computer and printer maker's revenue also beat Street forecasts, and it issued a current quarterly outlook roughly in line with consensus.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Finance Finance Latest News, Finance Finance Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Stocks making the biggest moves premarket: Tesla, Amazon, Boeing, Under Armour & moreThese are the stocks posting the largest moves before the bell.
Source: CNBC - 🏆 12. / 72 Read more »
Global stocks gain as U.S. eases Huawei restrictionsStocks markets gained on Tuesday, with chipmakers and stocks exposed to Asia amo...
Source: Reuters - 🏆 2. / 97 Read more »
Stocks making the biggest moves midday: Cray, Pinterest, Luckin Coffee & moreThese are the stocks posting the largest moves midday. Just saw one of you guys reporting on the sale of Tesla stock. The story is at least three days old and T. Rowe sold the shares months ago.
Source: CNBC - 🏆 12. / 72 Read more »
Stocks making the biggest moves premarket: Best Buy, Hormel, T-Mobile, Sprint, L Brands & moreThese are the stocks posting the largest moves before the bell. Always cheering for our MARKET!
Source: CNBC - 🏆 12. / 72 Read more »
Stocks making the biggest moves midday: Tesla, Lowe's, Nordstrom, Target & moreThese are the stocks posting the largest moves midday.
Source: CNBC - 🏆 12. / 72 Read more »
Stocks making the biggest moves after hours: L Brands, Avon and NetAppSee which stocks are posting big moves after the bell on Wednesday, May 22.
Source: CNBC - 🏆 12. / 72 Read more »
Ford to cut 7,000 jobs by August, including 900 this weekThese are the stocks posting the largest moves before the bell. unpatriotic！ 🤭 This winning has to stop realDonaldTrump MAGA. MAGA
Source: CNBC - 🏆 12. / 72 Read more »